Statute · California Business and Professions Code

Cal. Bus. & Prof. Code § 18888.4 — Mixed Martial Arts Retirement Benefit Fund

Cal. Bus. & Prof. Code § 18888.4

Type
Statute
Source
California Business and Professions Code
Jurisdiction
California
Date
2024-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

(a) A promoter may, but is not required to, add to the price of each ticket sold for a professional mixed martial arts contest an amount specifically designated on the ticket for contribution or as a donation, either or both, to the MMA Fund. The additional amount shall not be subject to the…

Citator

Cal. Bus. & Prof. Code § 18888.4 — Mixed Martial Arts Retirement Benefit Fund is in force in the current edition of the Code, and nothing recorded condemns it.

(a) A promoter may, but is not required to, add to the price of each ticket sold for a professional mixed martial arts contest an amount specifically designated on the ticket for contribution or as a donation, either or both, to the MMA Fund. The additional amount shall not be subject to the admissions tax required by Section 18824 or any other deductions. This subdivision does not authorize the addition of those amounts to less than all the tickets sold for the professional mixed martial arts contest involved. The promoter shall pay additional contributions collected in accordance with Section 18888.2.

(b) Any additional contributions received pursuant to this section shall not be considered to offset any of the contributions required by the commission under Section 18888.2.